Posted at 08-Jan-2019

My Data Factory: Effective Ways to Manage Your Stores and Inventory

Paul Skade
By Richard Ludlam
Marketing Manager

Intrigued by all things engineering, as a youngster I originally looked to understand how things work then, how to make them work better.

After time in eng...

Read full bio

ERIKS research has revealed that 65% of a business’ resources are dedicated to controlling just 10% of its purchases. And, when a replacement part is required, finding it wastes an average of almost a quarter of an hour – every part, every time.

brooms

 

It’s clear that the need to know whether to search for a part in a broom cupboard, the brush cabinet or the manual sweeping device storage facility is an on-going issue that simply can’t be swept under the carpet. So ERIKS have a choice of stores ordering and management solutions which can solve that very problem.

Look no further

If you want to put an end to fruitless searching – or even searching at all – for MRO spares, ERIKS’ My Data Factory is the answer.

By directly importing parts data into ERIKS ERP system, parts can be searched for automatically with no initial human intervention. My Data Factory simply searches for any form of match in any section of a part number, to produce a rapid answer on availability and pricing.

An engineer or parts manager only has to get involved if the system throws up more than one match – which can happen. Then ERIKS’ technical know-how is required to identify whether the customer actually requires, for example, pneumatics spares or a bearing component.

As the search is computerised, it’s obviously faster – and more comprehensive. The system not only interrogates the ERP systems of ERIKS UK but also ERIKS Belgium, ERIKS Netherlands and ERIKS Germany, to produce the best match.

For more information please visit eriks.co.uk or why not give one of our stores management specialists a call on 0121 508 6000

 

Read the Complete Article: Know+How Magazine Issue 36 Industrial Digitalisation

There is no denying the prospect of industrial digitalisation is both exciting and daunting in equal measure and no doubt each of you will be at different stages on the road to digital transformation. 

In our latest edition we want to help demystify this familiar buzzword into tangible day-to-day processes. We'll be providing you with an update on the latest news and technology available, taking an in-depth look at Industry 4.0 and all that comes with it, outlining some ways in which the industry can work together.

See pages 38-39!

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